Oracle sends 'force majeure' notice about data center project — stock drops 3%
- ID
- 28100
- Status
- summarized
- Published
- 25 Sep 2026, 4:00 AM
- Fetched
- 25 Sep 2026, 4:23 AM
- Provider
- CNBC Technology
- Category
- technology
- Original URL
- https://www.cnbc.com/2026/09/24/oracle-data-center-force-majeure.html
- Source URL
- https://www.cnbc.com/id/19854910/device/rss/rss.html
Summary
- Score
- 3.0
- Created
- 25 Sep 2026, 4:24 AM
- Tags
- Audience
- developersai_ml_learnersai_agent_userssaas_founders
What happened
Oracle reportedly sent a force majeure notice to Blue Owl Capital's developer unit for its New Mexico data center, Project Jupiter, seeking to delay payment if the campus does not come online in 2028, according to Bloomberg. Oracle shares fell 4% (the headline says 3%), and the project—part of the Stargate AI infrastructure buildout with President Donald Trump—has faced regulatory hurdles and local opposition. Oracle told CNBC that 'Project Jupiter remains on our planned schedule' and that it is 'fully committed to New Mexico.'
Why it matters
No Malaysia-specific impact is stated in the article. For builders tracking AI compute supply, this is a concrete signal that Stargate-linked Oracle capacity in New Mexico could slip past 2028; if your 2028 AI cost or latency roadmap assumes that capacity, keep a fallback provider or region rather than treating the schedule as fixed.
Discussion angle
If Oracle's force majeure notice is about protecting against higher expenses, what does that reveal about the real cost and schedule risk of 2028 AI data center buildouts—and should builders hedge their compute plans accordingly?